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Print - 2006-09-09
'President's visit to Afghanistan removes misunderstandings'

'President's visit to Afghanistan removes misunderstandings'

Interior Minister Aftab Ahmad Sherpao on Friday said that the visit of President Pervez Musharraf to Afghanistan was very important and it would open a new chapter of bilateral relations between the two countries.
Published 09 Sep, 2006 12:00am
'10 times growth in microfinance in six years'

'10 times growth in microfinance in six years'

The microfinance sector in Pakistan has grown tenfold, to 600,000 clients, over the past six years, but the further growth would be impeded if the lending rates continued to remain low, notes a latest United States Agency for International Development (US
Published 09 Sep, 2006 12:00am
Quake survivors continue to rebuild their lives: UN official

Quake survivors continue to rebuild their lives: UN official

Almost one year after a devastating earthquake in northern Pakistan, survivors continue to grapple with rebuilding their lives, said the United Nation's (UN) Humanitarian Co-ordinator in Pakistan, Jan Vandemoortele.
Published 09 Sep, 2006 12:00am
Plan chalked out for improvement of Bagh-e-Jinnah

Plan chalked out for improvement of Bagh-e-Jinnah

Town Municipal Administration (TMA) Lyallpur town has chalked out a comprehensive plan for the improvement and beautification of Bagh-e-Jinnah and Lady Park with an estimate cost of Rs 11 million. A spokesman for the town said that lights, benches, latrin
Published 09 Sep, 2006 12:00am
Strategy evolved to preserve historical sites in Islamabad

Strategy evolved to preserve historical sites in Islamabad

The Capital Development Authority (CDA) has evolved a strategy to preserve cultural heritage by maintaining shrines of Islamic saints, Budha caves and other historical sites in the Islamabad region, a senior CDA official said on Friday.
Published 09 Sep, 2006 12:00am
Amended women bill draft to be tabled in National Assembly on Monday

Amended women bill draft to be tabled in National Assembly on Monday

Throwing a challenge to the Muttahida Majlis-i-Amal to impede if it could, the government defiantly declared on Friday that the select committee's amended draft of the Women Protection Bill would be tabled in the National Assembly on Monday.
Published 09 Sep, 2006 12:00am
Efforts on to address housing problem: minister

Efforts on to address housing problem: minister

Minister for Housing and Works, Syed Safwanullah said on Friday that the government is making all out efforts to fulfil the housing needs of the people with special focus on the down trodden. Speaking in a PTV programme he said, it will however take some
Published 09 Sep, 2006 12:00am
Rs 7 billion earmarked for IT promotion

Rs 7 billion earmarked for IT promotion

The Punjab Government will spend an amount of Rs 7 billion for promotion of Information Technology (IT) and people will be imparted IT training free of cost. Punjab Minister for IT, Abdul Aleem Khan, said this while addressing a function held to welcome t
Published 09 Sep, 2006 12:00am
DVM classes at Jhang to start next month: UVAS

DVM classes at Jhang to start next month: UVAS

University of Veterinary and Animal Sciences, Lahore, (UVAS) Vice-Chancellor Professor Dr Manzoor Ahmad has said that DVM classes will start at the College of Veterinary and Animal Sciences, Jhang, in the first week of October. Chairing a meeting here on
Published 09 Sep, 2006 12:00am
Trauma centres

Trauma centres

Ultra modern and well-equipped trauma centres are being established at those DHQs nearest to the motorway/highways. The first of its kind being built at DHQ hospital Sheikhupura with a cost of Rs 41.361 million," said Minister Health Punjab, Dr Tahir Ali
Published 09 Sep, 2006 12:00am
2,741 teams to administer anti-polio vaccine

2,741 teams to administer anti-polio vaccine

As many as 2,741 teams have been constituted to administer anti-polio vaccine drops to 1.1 million children up to the age of five years here. This was disclosed at a health review committee meeting with Executive District Officer Revenue Muhammad Ali Balo
Published 09 Sep, 2006 12:00am
'Country to be made polio free by year-end'

'Country to be made polio free by year-end'

Polio would be eradicated by the end of this year provided misconceptions about polio vaccination were removed as it had been practically proved that there were no fatal or delirious contents in the vaccine, said Director General Health NWFP, Dr Jalil-ur-
Published 09 Sep, 2006 12:00am
Mobilink offers more discount on all packages

Mobilink offers more discount on all packages

Mobilink has announced additional value on all packages for its exclusive Indigo post-paid customers, offering double free minutes and air time as low as 40 paisas per minute on 'family & friends' numbers, weekend discounts and lowered international call
Published 09 Sep, 2006 12:00am
Musharraf embarks on European and US tours on September 11

Musharraf embarks on European and US tours on September 11

President Pervez Musharraf is due to leave Islamabad on visits to Europe, Cuba and the United States on Monday, September 11. He will remain away from the country till September 28. On his first stop at Brussels, he would address the European Parliament o
Published 09 Sep, 2006 12:00am
Emaar unveils Mirador homes

Emaar unveils Mirador homes

Emaar Pakistan has unveiled Mirador homes, a neighbourhood of Portuguese-styled villas at its first master-planned community project in the country, Canyon Views here.
Published 09 Sep, 2006 12:00am
Pak-Tajik JMC meeting proposed for October-end

Pak-Tajik JMC meeting proposed for October-end

Tajikistan has proposed second meeting of Pak-Tajik Joint Ministerial Commission (JMC) for last week of October to finalise import of electricity to Pakistan, restoration of air links and other matters of mutual interest and bilateral trade.
Published 09 Sep, 2006 12:00am
Northern Areas chief secretary visits Naltar power project

Northern Areas chief secretary visits Naltar power project

Chief Secretary Northern Areas Imtiaz Hussain Qazi has said that the federal government is taking keen interest in the development of Northern Areas and has launched various development projects including power schemes to bring it at par with other develo
Published 09 Sep, 2006 12:00am
French group identifies 10 sites for chain of hotels

French group identifies 10 sites for chain of hotels

Accor Group of France will build a chain of its hotels in all major cities of the country. Gerard Pelission, President of Accor Group, disclosed this during a meeting chaired by Zahid Hamid, Federal Minister for Privatisation and Investment here on Friday
Published 09 Sep, 2006 12:00am
Traffic police collects Rs 73.7 million

Traffic police collects Rs 73.7 million

Lahore's traffic police issued as many as 657759 challans and collected Rs 73.7 million as fine from violators of traffic laws and regulations during the last eight months. A spokesman of Traffic Police told APP on Friday that the police issued 697340 cha
Published 09 Sep, 2006 12:00am
'100 percent compulsory primary enrolment to be achieved'

'100 percent compulsory primary enrolment to be achieved'

The target of 100 percent compulsory universal primary enrolment by the year 2015 will be achieved as per commitment of Pakistan. This was stated by State Minister for Education, Anisa Zeb Tahirkheli addressing a function held in connection with Internati
Published 09 Sep, 2006 12:00am
Euromoney moot in Cairo on September 11

Euromoney moot in Cairo on September 11

The Prime Minister of Egypt will inaugurate the annual Euromoney conference in Cairo on September 11 with the theme "Financing Egypt Growth." The conference will tackle a number of issues including increasing the competitiveness of the Egyptian economy an
Published 09 Sep, 2006 12:00am
The Weather

The Weather

The weather report on Friday (September 08, 2006) and the forecast for Saturday (September 09, 2006).
Published 09 Sep, 2006 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.

Published 09 Sep, 2006 12:00am
Fahim hits out at government

Fahim hits out at government

President of Pakistan Peoples Party Parliamentarian and Alliance for Restoration of Democracy central leader Makhdoom Amin Fahim has said that corruption is taking place in every department of the government and now the ruling party members are saying tha
Published 09 Sep, 2006 12:00am
New York cotton

New York cotton

Friday's closing prices of New York cotton in US cents/lb.

Published 09 Sep, 2006 12:00am
Arrest warrants against Benazir termed a ploy

Arrest warrants against Benazir termed a ploy

Pakistan Peoples' Party Parliamentarians on Friday charged that the issuance of arrest warrants of Benazir Bhutto and her spouse was a ploy to divert the masses' attention from spiralling prices of daily use items, growing unemployment, the aftermath of N
Published 09 Sep, 2006 12:00am
Key stock and currency market movements

Key stock and currency market movements

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 09 Sep, 2006 12:00am
President's help sought

President's help sought

A Danish national Naeem Butt has called upon President, Musharraf to use his influence to get released his mentally retarded son Aurangzeb Butt alias Goga Butt from the illegal custody of Danish police.
Published 09 Sep, 2006 12:00am
Justice Sabih takes oath as Sindh governor

Justice Sabih takes oath as Sindh governor

Chief Justice of Sindh High Court, Justice Sabihuddin Ahmed on Friday took oath as acting Governor of Sindh. Senior Judge of SHC, Justice Ghulam Rabbani administered the oath. Sindh Chief Secretary, Fazlur Rehman, secretaries of different departments of S
Published 09 Sep, 2006 12:00am
'Technical support be provided for mushroom cultivation'

'Technical support be provided for mushroom cultivation'

The government should provide facilities and technical support to farmers for cultivating mushrooms as the increased production would attract buyers from international market where demand for mushrooms is growing rapidly.
Published 09 Sep, 2006 12:00am
MATRADE to hold seminar

MATRADE to hold seminar

Malaysia External Trade Development Corporation (MATRADE) is organising Malaysia-Pakistan Business Opportunities seminar here on September 13 in collaboration with the Federation of Pakistan Chambers of Commerce & Industry (FPCCI).
Published 09 Sep, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (September 08, 2006).

Published 09 Sep, 2006 12:00am
Islamic world needs economic cooperation: Shaukat

Islamic world needs economic cooperation: Shaukat

Prime Minister Shaukat Aziz on Thursday said that the Islamic world needs closer economic co-operation and sharing of best practices for faster development and increased economic opportunities for its people.
Published 09 Sep, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Friday (September 08, 2006) and for Saturday (September 09, 2006).
Published 09 Sep, 2006 12:00am
Pakistan to host second Islamic Economic Forum

Pakistan to host second Islamic Economic Forum

Pakistan will host the three-day 2nd World Islamic Economic Forum starting November 5 here with the theme "Unleashing the Economic Potential" in collaboration with the World Islamic Economic Forum Foundation.
Published 09 Sep, 2006 12:00am
Indus Motor holds dealers conference

Indus Motor holds dealers conference

Indus Motor Company (IMC) held its 15th Dealer Conference under the theme "Together We Can". In the conference, the company reviewed its performance during the year 2005-06 and presented the plans for 2006-07. To recognise the dealers' efforts, awards wer
Published 09 Sep, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (September 08, 2006).

Published 09 Sep, 2006 12:00am
NGOs asked to set up welfare homes for beggars

NGOs asked to set up welfare homes for beggars

Managing Director Bait-ul-Maal M Sarfraz said on Friday that Bait-ul-Maal would provide funding up to 75 percent if NGOs are ready to establish welfare homes for beggars.
Published 09 Sep, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 08, 2006).

Published 09 Sep, 2006 12:00am
Qatar Airways chief visits PIA head office

Qatar Airways chief visits PIA head office

Chairman and Chief Executive Officer of Qatar Airways, Akbar Al Baker, accompanied by Senior Manager Commercial Operations, Ali Al Rais visited PIA Head Office on Friday. Chairman & CEO PIA, Tariq Kirmani received him at the Karachi Airport.
Published 09 Sep, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 08, 2006).

Published 09 Sep, 2006 12:00am
Three associations oppose fabric exporters' demand

Three associations oppose fabric exporters' demand

Three associations of garment and knitwear manufactures and exporters have opposed the demand of fabric exporters to allow 3 percent Research and Development (R&D) support on export of dyed fabrics to all over the world instead of some selected countries
Published 09 Sep, 2006 12:00am
BMG candidate elected KCCI managing committee member unopposed

BMG candidate elected KCCI managing committee member unopposed

Saboor Ahmed has been elected unopposed as the member, managing committee of Karachi Chamber of Commerce and Industry (KCCI), for two years. Businessmen Group (BMG) of Siraj Kasim Teli had nominated Saboor Ahmed as their candidate on Town Association seat
Published 09 Sep, 2006 12:00am
THE RUPEE: parity versus dollar unchanged

THE RUPEE: parity versus dollar unchanged

Firmness prevailed in the open market on Friday as the rupee did not show any change versus the dollar for buying and selling at 60.45 and 60.50, dealers said. The rupee did not show any change as supply was enough to meet the market demand, they said.
Published 09 Sep, 2006 12:00am
'Business Clinics' for export companies

'Business Clinics' for export companies

The Lahore Chamber of Commerce & Industry (LCCI) in collaboration with International Trade Centre (ITC), Geneva is organising 'Business Clinics' for export companies from September 11-15 at the LCCI. Business Clinics are designed to provide customised con
Published 09 Sep, 2006 12:00am
THE RUPEE: parity versus dollar unchanged

THE RUPEE: parity versus dollar unchanged

Firmness prevailed in the open market on Friday as the rupee did not show any change versus the dollar for buying and selling at 60.45 and 60.50, dealers said. The rupee did not show any change as supply was enough to meet the market demand, they said.
Published 09 Sep, 2006 12:00am
Canadian firm and FPCCI sign MoU

Canadian firm and FPCCI sign MoU

In order to boost the country's exports and to promote the image of its products in local and international markets it is necessary to educate the manufacturers about the importance of branding.
Published 09 Sep, 2006 12:00am
Karachi University convocation postponed

Karachi University convocation postponed

The Karachi University announced on Friday that the convocation 2006 scheduled to be held on Saturday had been postponed due to rain in the metropolis. Fresh date of the convocation would be announced soon.
Published 09 Sep, 2006 12:00am
Kamal for smooth traffic flow during Ramazan

Kamal for smooth traffic flow during Ramazan

City Nazim Karachi Syed Mustafa Kamal has said with co-ordinated efforts of traffic police, city government and town management an exemplary traffic system would be set up in city during Ramazan, so that commuters could be facilitated to reach their homes
Published 09 Sep, 2006 12:00am
Qatar firm opens liaison office in Karachi

Qatar firm opens liaison office in Karachi

The Qatar Petrochemical Company (QAPCO) has set up its liaison office in Pakistan with the aim to boost marketing of its products and encourage business opportunities between Pakistan and Qatar.
Published 09 Sep, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Friday (September 08, 2006).

Published 09 Sep, 2006 12:00am
Rain forecast

Rain forecast

The meteorological department has forecast cloudy weather with chances of rains and thunderstorm during next 24 hours in Karachi. Maximum temperature on Friday was 29 degrees centigrade and minimum 27 degrees centigrade, while humidity in the air remained
Published 09 Sep, 2006 12:00am
Islamic banking getting popular: survey

Islamic banking getting popular: survey

A survey was conducted by Al-Huda Centre of Islamic Banking and Islamic Economics regarding the services, operations, facilities, major products and future of the Islamic banks.
Published 09 Sep, 2006 12:00am
National Highway inundated near Kotri

National Highway inundated near Kotri

Considerable anxiety has been caused by the inundating of the National Highway near Kotri by the flash floods, resulting in difficulties for the transporters and the railway service between Karachi and Hyderabad, reports UPP correspondent.
Published 09 Sep, 2006 12:00am
FROM A RINGSIDE SEAT

FROM A RINGSIDE SEAT

Scholars committee has apparently failed to evolve a consensual text for the Women's Protection Bill, to utter embarrassment of Chaudhry Shujaat Hussain, who had brought this entity into form to give a face-saving opportunity to the MMA.
Published 09 Sep, 2006 12:00am
MMA proposed amendments on women bill not acceptable: MQM

MMA proposed amendments on women bill not acceptable: MQM

The Muttahida Qaumi Movement (MQM) on Friday announced it would never accept amendments to the women's protection bill proposed by the Muttahida Majlis-i-Amal (MMA). The announcement came moments before the government categorically stated in the National
Published 09 Sep, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Sep, 2006 12:00am
Literacy campaign launched

Literacy campaign launched

The government on Friday launched a campaign "100 percent enrolment for literacy" by becoming guardian of an eight-year out of school boy following his admission in a school on the eve of World Literacy Day.
Published 09 Sep, 2006 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 09 Sep, 2006 12:00am
'Chairman can summon Senate session'

'Chairman can summon Senate session'

A spokesman of the Senate Secretariat has dispelled the impression created by a news report carried by a section of the press saying that the Senate Secretariat had withdrawn the notification regarding summoning of the Senate Session a short while after i
Published 09 Sep, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Sep, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (September 08, 2006).

Published 09 Sep, 2006 12:00am
Aurakzai briefs UK minister about Waziristan peace deal

Aurakzai briefs UK minister about Waziristan peace deal

The visiting British Minister of State for Asia in the Foreign and Commonwealth office Dr Kim Howlles accompanied by British high commissioner in Pakistan Sir Mark Lyall Grant and an eight member delegation, called on the NWFP Governor, Lieutenant General
Published 09 Sep, 2006 12:00am
Registration of Afghan DPs from October 15

Registration of Afghan DPs from October 15

The United Nations High Commission for Refugees (UNHCR) will assist Pakistan government in the countrywide registration of Afghans. The nation-wide registration is scheduled to start on October 15 and will last for 10 weeks.
Published 09 Sep, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 09 Sep, 2006 12:00am
Government to facilitate Bugti's DNA test: Durrani

Government to facilitate Bugti's DNA test: Durrani

Minister for Information and Broadcasting Muhammad Ali Durrani on Friday said the government would provide every facility under the law for conducting DNA test of Akbar Bugti's body as desired by his family.
Published 09 Sep, 2006 12:00am
Pak-US joint navy exercises continue

Pak-US joint navy exercises continue

The 15-day Pakistan-American Joint Naval Exercises "Inspired Union-2006," commenced on September 4, are underway in the North Arabian Sea. Chairman, Joint Chiefs of Staff Committee, General Ehsan-ul-Haq along with, American Ambassador Ryan C. Croker witne
Published 09 Sep, 2006 12:00am
Punjab utilises 96.09 percent funds under ADP

Punjab utilises 96.09 percent funds under ADP

Punjab government under its Annual Development Programme 2005-06, utilised 96.09 percent development funds and this ratio of utilisation was 6.30 percent higher than the previous year; an amount of Rs 55.77 billion was spent during this period against the
Published 09 Sep, 2006 12:00am
Livestock Asia, Agriculture moot inaugurated

Livestock Asia, Agriculture moot inaugurated

Ghulam Murtaza Khan Jatoi, Adviser to Chief Minister Sindh on Food and Agriculture inaugurated the second Food, Agri & Livestock Asia 2006 and the second International Agriculture Conference-IAC, at Karachi Expo Centre here on Friday.
Published 09 Sep, 2006 12:00am
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